Cannabis company Tilray to buy rival Hexo in all-share deal – Ottawa Business Journal
The arrangement will see Tilray issue 0.4352 shares of its stock for each outstanding Hexo share.
Source: obj.ca
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The arrangement will see Tilray issue 0.4352 shares of its stock for each outstanding Hexo share.
Under the agreement announced Thursday, Leamington-based Tilray will acquire up to US$211 million of senior secured convertible notes that were issued by Gatineau-based Hexo.